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'll look at whether another triple digit move on the dow today could play out. >>> apple dipped below $400 a share yesterday. closed above that. this morning verizon reporting strong activations for the iphone for the last quarter. will that help this stock that's been in free fall? >>> pepsi beating expectations this morning. jim has an interview with the ceo. >>> paypal under pressure this morning, facing increased competition from amazon and others. we'll break down numbers and talk exclusive to john donahoe, ebay's ceo coming up. >>> futures on the rise after yesterday's drop of 138 points in the dow which is now posted three consecutive days of triple digit moves, including the big sell-off, 266 on monday an tuesday's rebound. just two weeks ago the s&p came within two points of 1,600. leads us to sort of a broad discussion of where we are in corporate earnings. i see two-thirds have beaten on the top line. less than half beating -- actually less than half beating on revenue. two-thirds beating on earnings. >> carl, the market is so short-term oriented, we had a couple bad ones yester
. >> pam:then at 5-30. apple's unveils it's most recent earnings report. our tech reporter breaks them down for us. an possibly more importantly -- when we'll see some new gadgets. but first -- the men [ male announcer ] fact: the 100% electric nissan leaf... is more fun than ever. sees better than ever. ♪ charges faster. and will charge. cool. and heat. from your phone. fact: leaf never needs gas. ever. good for the world. built in america. now, leaf's an easier choice than ever. ♪ shop at choosenissan.com. ♪ we didn't have u-verse back in my day. you couldn't just... guys... there you are. you know you couldn't just pause a show in one room, then... where was i... you couldn't pause a show in one room then start playing it in another. and...i'm talking to myself... [ male announcer ] call to get u-verse tv for just $19 a month for 2 years with qualifying bundles. rethink possible. this is a list of the top schools in california. you can see the american indian public school comes in at numbers five. >> using credit cards associated with this cool, happ. school. >> as an art until pr
19 points. and the s&p 500 was up seven. >>> apple returned millions of botched iphones to the manufacturer that built them. those returned phones are going to cost fox con. this isn't the first time apple has been unhappy with their work. >>> salt lake city, utah, is becoming a new hot spot for business. two major banks, san francisco- based wells fargo and new york- based goldman sachs will be holding their shareholders meeting in san francisco this week -- in salt lake city this week. they will all have shareholder meetings in salt lake. many have done so within the past two years. >>> animal control workers are warning residents in the lake tahoe area are warning visits about recent mountain lion sightings. last tuesday, a person saw a cat walking across the meadow and last thursday, a person walking his dog saw the mountain lion lying down in that same meadow. fortunately, the mountain lion did not approach either of those people. >>> at the beginning of this newscast, we talked with our chief meteorologist about temperatures hitting 90 degrees. bill, a lot of us ar
to keep an eye on apple shares today. it dropped below $400 yesterday or the first time in 16 months. the decline came after a chip suppliers forecast led them to start worrying about weakening demand for the iphone and ipad. joining us is gene munster. gene, by the way, also covers google and google will be reporting after the bell tonight. gene, why don't we start with apple. this has been an incredible run up and then an incredible drop. below $400. is this somewhere you saw the stock going? >> no way. this is -- we thought there was a floor at 450, so this is a lot lower than we thought it was going to go. >> and at this point, now that it has reached 400 at least in the intra day trade, does that worry you that there is still more room to decline or do you think at this point it's stabilized? >> we think there's an opportunity here. the street numbers still need to get reset. we're 10% below the street for the june quarter. i think once these estimates get reset, that's the point where investors are going to start to get interesting. the southside still hasn't taken those nebs d
. >> this apple software can pick out specific people and large crowds. by detecting knows shapen the space between eyes. as of a person looking at all the videos, the technology could go through years of video in a matter of minutes. >> crime analyst our point to the pivotal role surveillance cameras play that identified the suspect in boston. and now, some san francisco is something about increasing the city's network of cameras. police chief greg suhr is one of them. he says it would help them better monitor events like the bay to breakers race. >> i would have to get someone a lot smarter than me an engineer if you will to look at what would be possible for us to a port everything into one location. and to be able to monitor major event. >> we live in the post see as i, mci has the television jurors want to see video and the dna. we do everything we do to get it for them. i do not think there is a person in this country did not watch the events of last week on fold and watch it on video. >> however, the aclu is word about how police might use the cameras and how long the department will
were postmarked from memphis tennessee on apple aid. the white house says, staffers of a careful drill and haggling letters and no one was injured. >> the u.s. senate is blocked a proposal to expand background checks on gun sales. the plan failed to get the 60 votes needed to pass. sparking anger from president obama and is appointed from the parents of children were massacred last winter in new town, conn. the people with unspeakable green summoned the courage to petition their elected leaders. not just to honor the memory of their children but to protect the lives of all of our children. >> 90 percent of democrats in the senate voted for that idea. but it is not going to happen. >> congresswoman gabrielle gifford, was severely injured in violent--gun violence also stood by the president cited quotas been furious the measure did not pass and accused the opposing senators of cowardice. the final vote tally was 54 to 46 the proposal was part of a compromise struck by democratic and republican senator. it was a backed by the president, but faced fierce opposition from the national rifle
for the nasdaq is apple. dropping down more than 4% to 4 05 after digit times reported that ipad mini shipments will fall 20 to 30%. apple's shares have dropped $300 a share in the past seven months. >> when we come back from break will visit with annie, we have more news coming straight ahead. this is our south bay camera, a little slow as you make it towards the guadalupe over cross. it is nice and sunny out. >> good morning our mt. tam cam overlooking san francisco. temperatures are 10 to 15 degrees warmer than 24 hours ago. mid-50s currently in san francisco, 56 oakland. 54 livermore, low '40's in hayward. as we track these members throughout the day by less time we're talking 60s pretty much everywhere. we will climb into the '70s by 3:00 p.m.. a glauconite a low 60s high 50s. after an highs, 71 expected and mountain view, 72 walnut creek, 70 vallejo. mid to upper 60s for downtown san francisco, 70 east bay shoreline. satellite and radar shows dry clear conditions in the area without a raindrop insight. 7 day around the bay forecast, a string of sunshine, gradually warmer weather and a wee
. poor earnings news from bank of america. and an apparent drop in demand for apple i- pods and i-phones. also contributed to the drop. here are the closingthe dow lost 138- points nasdaq fell 60- points. the s-and-p 500. fell 22- points. >> jacqueline: it certainly was nice out today with two- five degrees warmer and here is a look at our high temperatures. the 60s, the 70's, nearly everywhere. half moon bay, was 57 degrees. 60s and santa rosa. 71 in richmond. '70s in oakland really a nice afternoon. it remains a fairly nice evening. still, 58 in richmond. sunnyvale, and pleasanton is going to be a mild night tonight. the wind has died down and it will stay warm overnight. with 40's tomorrow. mild temperatures and the calm winds even if warmer with two-five degrees of warming up expected. that will continue for the weekend. i will tell you more about that and a look a your extended forecast, coming up. for the first time in more >> pam: than 40 years. san francisco's exploratorium has a new home along the waterfront. kron 4's maureen kelly was there for the re-opening. and gives
of a vestors will shares of apple closely, the quartey profit will shrink for the first time in a decade because of slow growth in iphone seems and the ipod maker reports results tomorrow. and the new c.e.o. of yahoo will talk about the don't work on home, the closing speaker at the great place to work conference, and she stopped in the middle of the remarks do address the elephant in the room, defending her decision on temperature communicating saying people are mob innovative when they are together and the best ideas coming from two different ideas together. forget wine, california is getting serious buzz over the beer. this is the craft beer movement booming across the country. the ten best according to "usa today" saying california topping the list of the best bw state in america with 268 craft breweries and countin me tha any other state. anors a house hold name across the country. >> thank you. i was at the giants game, guess who was the most popular opinion at at&t park yesterday? >> barry? >> a frozen lemonade guy, the vendor. >> good idea today. we are going to start off warm fo
tragedy, the state of virginia is pausing dollars to victims from apple 16th, 2007. that is late 22 year- old college student on a shooting spree at the campus in blacksburg 32 bit support given the gunman took a long life. it is considered the deadly shooting rampage in modern u.s history. >> we will continue team coverage of the attack at the boston marathon were three people were killed and more than 150 people are injured. we're live in boston we will have all the angles that affect you in the bay area as well. even down to the commute this morning. we will be right back. >> we continue to monitor the latest informations on our top story devastation boston. two bombs going off 100 yds in 10 seconds apart near the finish line of the boston marathon. >> the very latest numbers we have an kron 4 news 3 killed including an 8 year- old boy was watching his father run the race. his mother and sister seriously injured. 150 people injured. >> at the youngest three years old. >> there's been no claim of responsibility for the bombing. overnight we have video of law-enforcement officers search
based in the united states. exxonmobil topped the list followed by apple, google, berkshire and walmart. last year, three chinese companies were in the top five and for the first time in three years, no company in the world is worth $400 billion. >>> gas prices continue to slip across the country and here in the bay area. analysts say they could be lower by the memorial holiday weekend. san francisco averages $4.06. around the rest of the bay area, it's down about 6 cents a gallon. experts say we could be saying 20 cents less by the end of next month. >>> paper or plastic? that's something you won't be hearing much longer in many cities and counties in california. pam cook is in the newsroom with more. >> it's earth day today. to coincide, many cities are joining the effort to reduce, refuse and recycle. redwood city and menlo park, are not allowed to hand out plastic bags and required to charge you 10 cents for a i aer -- paper bag. we asked some people. most are in favor. >> i think it's fabulous. >> tell me why. >> i think any time we can help the earth and recycle bags and go to the
in antioch. 74 for san leandro. upper 60s for richmond. downtown san francisco. 80 in apple. cool along the coastline. 63 in daly city 61 and ocean beach. >> looking at satellite and radar it is quiet around the area as high pressure builds in over the northern part of our state. we do have a weak system not bringing any rain to us. that is affecting the pacific northwest. we have cloud cover streaming in. you concede that on satellite. we will see a mix of sun and clouds for some spots. temperatures could be slightly cooler along the coastline in a mthe north bay. >> dry weather continues in to the middle of next week. >> george. >> taken erica we're tracking a couple of hot spots the first in walnut creekhot680 the southbound direction. traffic has been backing up because of a motorcycle accident that occurred at north main street. the accident is out of the way but the traffic is still heavy from 242 and interstate 680 . there are delays on the lower peninsula. palo alto, willow leading to 237 on the connector ramp an accident as the ramp shut down. a piece of heavy equipment was bei
Search Results 0 to 11 of about 12